CJM - Investing Blog

Tuesday, June 06, 2006

And this is why...

We own Berkshire Hathaway.


As the US hurricane season begins, Omaha, Nebraska-based Berkshire is increasing its property and casualty sales just as rivals scale back. Buffett's prices are as much as 20 times higher than the rates prevalent a year ago, said Kevin Madden, an insurance broker at Aon Corp in New York. On some policies, premiums equal half of its maximum potential payout, he said.

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